Post
Topic
Board Trading Discussion
Re: If Bitcoin drops to $8k
by
Hypnosis00
on 03/06/2022, 23:24:59 UTC
...
Whenever we do go back into those early days price or lets say 2015-2018 then it would really be creating that kind of fear in the entire market on what the hell is happening in the market?

You cant just easily trying out to make out some buybacks into these times which it would really be something hard to be done even if you do have the money or funds then this kind of decision wont really be that simple.

If you could accumulate more that into these levels or points but of course you cant be sure if recovery would be next or totally complete decline.Who knows?
If the price of Bitcoin will drop below $20k, not time people will start to panic and wonder what really happening in the market. It certainly will come out of their mind about the previous bear season when prices drop almost to the ground. But, I don't think that will come, not this time as people had already had to learn to be patient and hold, they now appreciate how holding saves them from losing their money rather than selling it at a lower price.

2018-2019 is just a history, people make use of it as a mirror to what they have done during that time and they figured out their wrongdoings. For now, it was quite good to see the view of the market as, despite the war and FUDs, we've still in a healthy market condition.